Multiple Choice
Lethbridge Company constructed the following formula for monthly utility cost.
Total utility cost = $1,400 + ($10.10 × labour hours)
Assume that 800 labour hours are budgeted for the month of May.
-Refer to the Figure.If Lethbridge Company incurs 9,600 labour hours for the year,what would be the estimate of total utility cost?
A) $96,960
B) $98,360
C) $113,760
D) $120,960
Correct Answer:
Verified
Correct Answer:
Verified
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